Wall Street Journal

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Bribery:

Mike Lucas

The chairman of Norwegian fertilizer giant Yara is stepping down months after police charged four former executives with bribery and the company agreed to pay Norway’s biggest ever corporate fine. (The Local)

Italian prosecutors secured a guilty plea from a middleman who allegedly bribed Indian officials to help AgustaWestland score a helicopter contract. (Exaro)

Will extractive companies ever publish what they pay? The U.K. said it would send a grant to the Philippines to help it comply with standards set by the Extractive Industries Transparency Initiative. (Guardian, Interaksyon)

Global Witness called the U.S. ruling on conflict minerals rules a “partial victory.” (press release)

Washington fears that Afghanistan will have to cut services to its people as corruption eats as much as half of customs tax revenue. (Washington Times)

A look at corruption in Ukraine, through the sole contractor of ousted President Viktor Yanukovych’s estate, is here. Could kleptocrats’ loot rebuild Ukraine? (OCCRP, Bloomberg View)

Former Egyptian finance minister Youssef Boutros Ghali was detained in Paris on an international warrant over corruption charges relating to his time in former President Hosni Mubarak‘s government. French police couldn’t be reached and Mr. Ghali didn’t appear to be contacted. (Reuters)

It’s worth remembering that not all corporate investigations are alike. Compliance monitors are paid well but the results they bring are unknown. (Dealbook, Dealbook)

Many executives express concerns about their existing cyber incident response plans, despite a number of high-profile breaches. The uncertainty surrounding cyber incident response presents an opportunity to educate the executive team on cyber resilience, the coordinated set of enterprisewide activities designed to help organizations respond to, and recover from, a variety of cyber incidents, while reducing their impact to business operations, cost and brand damage.

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About Risk & Compliance

Risk & Compliance provides news and commentary to corporate executives and others who need to understand, monitor and control the many risks that can tarnish brands, distract management and harm investors. Its content spans governance, risk and compliance and includes analysis of the significance of laws and regulations, the risks inherent in global expansion and the protective moves taken by companies.